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Nova Royalty Corp V.NOVR

Nova Royalty Corp. is a royalty and streaming company. The Company is focused on acquiring copper and nickel Net Smelter Return Royalties (NSRs), Gross Value Return Royalties, Net Proceeds Royalties (NPRs), Net Profit Interests, Gross Proceeds Royalties, Gross Overriding Return Royalties, and non-operating interests in mining projects that provide the right to the holder of a percentage of the gross revenue from metals produced from the project or a percentage of the gross revenue from metals produced from the project after deducting specified costs. Its principal royalty assets acquired consist of Taca Taca, NuevaUnion, Copper World Complex, Josemaria, West Wall, Dumont, Vizcachitas, Dumont, Twin Metals and others. Taca Taca is a porphyry copper-gold-molybdenum project located in northwestern Argentina in the Puna (Altiplano) region of Salta Province. Aranzazu is a copper-gold-silver deposit located within the Municipality of Concepcion del Oro in the State of Zacatecas, Mexico.


TSXV:NOVR - Post by User

Comment by Goldredon May 26, 2021 5:11pm
330 Views
Post# 33272492

RE:What gives?

RE:What gives?Well, one of their problems is that all of there royalties, none are producing, i.e., a few in development and most in exploration.  I takes forever to go from exploration to a producer in the copper space.  I'm only down a little after previously trading this at higher prices (successfully).

The copper and nickel space royalty game is a much different animal than the typical gold and silver royalty companies.  I would like to see them in silver and gold as well.  This is going to take some time to lift off, where is the revenue?  Too far in the future for Mr. Market, is my take.

Goldred
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